Short Term Trading Advisory For WTI Crud Oil

[WinbornTraders]

Long Entry 85-86 Target 96-99 Stop Loss 80.50

 

[WinbornTraders]

it seems i'm alone in this site as there is no comment for the best call

 

[muhiuddin]

Hi I bought next day @ 86.60 and waiting for 96.99.
Please continue and carry on this thread.

 

[Atilla]

Hi I bought next day @ 86.60 and waiting for 96.99.
Please continue and carry on this thread.

I was expecting oil to consolidate around the 88-92 range moving sideways. Any pickup really depends on some kind of economic recovery to push demand and right now nothing is in the horizons.

However, I'm not sure 88 will hold and subsequently expecting some further drops and will look for shorting opportunities with target ranges for 84-86.